# Papua New Guinea exports to South Korea: Trade Route Risk | Yugalinks

Understand reported exports from Papua New Guinea to South Korea, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/PNG-KOR/risk

## Route overview

In 2024, Papua New Guinea reported $613.1M in goods exports to South Korea. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $613.1M | 2024 route total |
| Exports needing review | 51.1% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 3 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 34.5% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $27.1B | 64.7% | High attention |
| 2 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $76.4B | 0% | Stable |
| 3 | 260300 | Copper ores and concentrates | $4.7B | 62.4% | Watch |
| 4 | 261690 | Precious metal ores and concentrates: (excluding silver) | $529.7M | 0% | High attention |
| 5 | 890120 | Tankers | $1.4B | 0% | Watch |
| 6 | 760200 | Aluminium: waste and scrap | $1.7B | 64% | Watch |
| 7 | 090111 | Coffee: not roasted or decaffeinated | $754.2M | 33.4% | Stable |
| 8 | 230660 | Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils | $140.7M | 43.6% | High attention |
| 9 | 830990 | Stoppers: caps and lids, of base metal | $50.5M | 0% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.
